Industry Background:
The global 3D Face Shield market is expected to witness high demand in the forecasted period due to new coronavirus and the disease it causes, COVID-19. and 3 D face shield mask is the transparent, plastic headgear resembling a welding mask that protects medical professionals from infection while they're treating patients suffering from the deadly and highly-contagious disease. It was soon found that a combination of N95 masks and protective eye gear isn’t enough as it still leaves a lot of area around eyes, nose, and mouth unprotected. As such Face shields are the only way to provide complete protection.This growth is primarily driven by Increasing Prevalence of the Infectious Disease across the World such as COVID-19
.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | K Unit |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Health Care Equipment sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Prusa Research (Czech Republic), HP (United States), Carbon, Inc.(United States), Stratasys Ltd (Isreal), Nagami (Spain), Trinity Health (United States), 3D Systems, Inc (United States) and Formlabs (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 24th March 2020, HP Inc. and its global digital manufacturing community are mobilizing their 3D printing teams, technology, experience, and production capacity to help deliver critical parts in the effort to battle the COVID-19 pandemic.
On 25th March 2019, Silicon Valley 3D printing company Carbon is leveraging its 3D printing technology and an extensive network of contract manufacturers to produce medical equipment and device components to help in the efforts to contain and treat the novel coronavirus. The company’s Digital Light Synthesis technology and resin materials can be used for a range of parts, including face shields, testing swabs and more.The companies operating in these industries are focusing more on efficient growth, improvement of operational efficiency and productivity, achieving high safety standards, and focus on maintaining sustainable development. The players are focusing on securing the leading position in this industry. They are continuously looking for the opportunity to reinforce their competitive advantage. To meet a high market share, and developing socially responsible business companies are identifying various strategic pillars such as mergers & acquisitions, new product launch, product enhancement, and others.
Regulatory Insights:
The FDA has previously issued guidance on the Technical Considerations for Additive Manufactured Medical Devices. This guidance outlines the FDA's recommendations for 3D-printed devices from the device stage to process validation and acceptance activities of finished devices.
Influencing Trend:
Rising Demand of Personal Protective Equipment (PPE) around The World and Increases Number of People in Infected People Across the Globe by the CONVID-19 Surpasses
Market Growth Drivers:
Increasing Prevalence of the Infectious Disease across the World such as COVID-19, Lack of Market Demand for the N95 Mask and Rising Awareness Regarding Coronavirus Masks Among General People
Challenges:
High Cost Associated with the 3D Face Shield
Restraints:
The Stringent Government Regulation Regarding Medical Devices
Opportunities:
Growing Demand form Developed and Developing Countries due to COVID-19 Emergency and Increasing Number of 3D Face Shield Manufacturers Across the Globe
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of 3D Face Shield Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of 3D Face Shield Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of 3D Face Shield players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, 3D Face Shield Study Sheds Light on
The 3D Face Shield Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the 3D Face Shield industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where 3D Face Shield industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.